Sino-Iran: From infrastructure to project finance | BELT & ROAD
"We expect to see two areas gaining further momentum in bilateral cooperation this year: project finance and infrastructure development."
Florence Eid-Oakden, Ph.D., Chief Economist
Charlene Rahall, Nicki Siamaki, Analysts
- In 2018, the two sides plan to increase trade to USD 50B. At an average annual growth rate of 9.9%, we estimate growth around USD 41B for this year.
- We expect to see two areas gaining further momentum in bilateral cooperation this year: project finance and infrastructure development.
- The reactivation of suspended accounts of Iranian citizens by Chinese banks is a step forward in resolving banking hurdles but Iran still needs the blessing of the Financial Action Task Force (FATF).
The Regional Views series are thematic papers aimed at identifying and analysing factors behind medium to long-term economic trends shaping the region. Our analysis draws conclusions that help businesses and investors get ahead of the curve. As a firm staffed by Middle Easterners, we focus on insight rather than standard analysis.
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